The world of NFTs is an expanding place of innovation, creation, and sometimes bizarre happenings. It’s a digital dimension worth exploring. There’s a good chance you’re wondering, “But wait, how do NFTs work and what are they?” When asking, “What are NFTs?” it wouldn’t be enough to answer, “Oh, they’re non-fungible tokens.” Even though that’s the most straightforward answer, it still doesn’t switch on a lightbulb for many people. Does anyone even know what the word ‘fungible’ means? Let us clear that up in this quick explainer vid, brought to you by Byte Federal Bitcoin is a decentralized digital currency that was invented in 2008 by an unknown person or group using the name Satoshi Nakamoto. It is a peer-to-peer system that enables transactions to be made without the need for a central authority o ATMs. Go Bank, Yourself.